Meaning of the word "less developed country" in English

What does "less developed country" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

less developed country

US /lɛs dɪˈvɛləpt ˈkʌntri/
UK /lɛs dɪˈvɛləpt ˈkʌntri/

Phrase

a country that is considered to be poor and to have little industrialization

Example:
Many international aid organizations focus their efforts on assisting less developed countries.
Improving education and healthcare is crucial for the progress of a less developed country.